Friday is the last trading day before we enter ( in the U.S.) a 3 day weekend. Markets are closed in the U.S. on Monday, so please keep that in mind when deciding whether you want to buy, sell, or hold. Lets do a quick market review, and then I wanted to go through some […]
What has been the best game in town the past few weeks? Trading Gold Miners has really been explosive. Look at charts of VGZ, MUX, ASM, CDE, AG, FSM, and more and you’ll see solid gains in these once hated Miners. I want to discuss trading these miners further, since we have been killing it […]
Your past steps have moved you to where you are today, your next steps are just as important. Allow me to walk you through a look at what Chartfreak readers were hearing before & after the Brexit vote. Those steps brought us to where we are now. I’ll also show what we currently see when […]
Friday alone wasn’t enough to give us the information we needed. Monday helped and now we have Tuesdays trading to add the the equation. lets take a look… . SPX- The positive side….the weekly chart ( yes, it is only Tuesday) would shape up nicely if we held here or continued higher. That’s a big […]
Friday we saw the initial reaction to the Brexit vote, and Monday we saw some follow through. Lets look at the charts… . From the weekend report…
Last week the General markets went through a period of indecision. Each morning the futures were green, then the markets sold off into the close. We had the Fed giving testimony to congress and the Brexit Vote scheduled for the end of the week. After the Brexit vote, the future went Ka-Boom, with Gold up […]
Some are locked into positions for better or for worse, others may be locked out of positions ( MINERS) that they hoped to own on the next run higher. We have been buying and adding. Anyone holding leveraged positions may be in for quite a ride. Lets have a quick look… . At Chartfreak, I […]
We are THAT much closer to the Brexit vote and it is being discussed on any and every financial media outlet available. Here is the ‘kicker’, did you know that it is forbidden that the vote be reported by the British media after the voting begins? Yes, that’s right, they can report on it right […]
So far this week is pretty much playing out as expected with the combination of the Fed testimony and the upcoming Brexit Vote, but a comment by Tess in the chat area had me wanting to take a closer look at Precious Metals. Things are still exactly as expected, but a slight variation in cycle […]
Monday we awoke to a Gold and Silver slam down, and the futures for just about everything else was pointing to a higher open. As the day went on, Gold and silver went higher and the general markets sold off into the close. Tuesday, the futures show pretty much the same. Will today bring what […]
